Block I lies in the Caspian Sea and currently produces about 400 MMcfd of natural gas with access to over 7 tcf of natural gas resources and future opportunities for production capacity expansion, ...

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), Petronas and the Turkmenistan State Enterprise Hazarnebit have ...

Iran has resumed oil exploration drilling in the shallow waters of the Caspian Sea, marking a significant development in the ...

Iran has resumed oil exploration in the shallow waters of the Caspian Sea after nearly three decades. The exploration ...

This move aligns with Abu Dhabi's broader objective to diversify its energy portfolio and reduce reliance on oil export ...

Malaysia's national oil and gas company, Petroliam Nasional Bhd (Petronas), has taken a stake in an offshore natural gas ...

The Iranian oil minister issued a directive on Friday on petroleum exploration in the Caspian Sea after a nearly 30-year ...

The agreement grants XRG a 38 per cent participating interest in the offshore “Block I” gas and condensate fields located in ...

Iran Oil Minister Mohsen Paknejad ordered the restart of exploratory drilling operations in the shallow waters of the Caspian ...

Abu Dhabi National Oil Company's international investments arm XRG said on Wednesday it had taken a stake in an offshore ...

XRG, the low-carbon energy and chemicals investment arm of Abu Dhabi National Oil Company (Adnoc), has entered the Central Asian market with an investment in Turkmenistan’s gas and condensate fields.

Turkey also explores opportunities for international cooperation in oil and gas exploration in Azerbaijan and other Caspian Sea areas, and potential new field exploration in northern and southern ...